By Bob Egelko Published 9:39 pm PDT, Friday, August 31, 2018 File photo of unlocked handcuffs. File photo of unlocked handcuffs. Photo: DNY59 / Getty Image Photo: DNY59 / Getty Image Image 1 of / 1 Caption Close Image 1 of 1 File photo of unlocked handcuffs. File photo of unlocked handcuffs. Photo: DNY59 / Getty Image Former manager of SF architecture firm indicted on fraud, identity theft charges 1 / 1 Back to Gallery The former business manager of a San Francisco architecture firm has been charged with stealing $235,000 from the firm. Karen Posey, 57, of Martinez was indicted Thursday by a federal grand jury on seven felony charges of fraud and identity theft. She was arrested Friday, appeared before a federal magistrate and was released on a $50,000 bond. Prosecutors said Posey, from July 2016 to December 2017, was in charge of accounting, expenses and payroll for a firm that specializes in designing schools and other facilities for people with disabilities. The indictment did not identify the firm, but in February, a company called Sally Swanson Architects sued Posey and others in San Francisco Superior Court and accused them of embezzling $242,000. The indictment said Posey wrote company checks to herself, charged about $49,000 in expenses to a company account, and withdrew more than $29,000 from the account and kept it. She was able to conceal her activities, the indictment said, because she was the only employee who had access to the account statements. Bob Egelko is a… [Read full story]